Merrill Edge vs Charles Schwab
Merrill Edge | Charles Schwab | |
---|---|---|
$100 Bonus Offer - | $0 Commissions on Online Stock, ETF, and Options Trades - | |
Benefits and Features | ||
Stock Trading | $0 commission on U.S. stocks and ETFs | |
Options Trading | ||
Minimum Deposit | ||
Mutual Fund Trading | $0 for no load, no-transaction-fee funds ($39.95 short-term redemption fee if the fund is held less than 90 days) $19.95 for no load, transaction-fee funds | $0 for no-transaction-fee funds $49.95 for all other funds |
Commission Free ETFs | 2,000+ across asset classes and fund companies, $0 commission through Schwab ETF OneSourceā¢. | |
Broker Assisted Trades | ||
Inactivity Fee | ||
Maintenance Fee | ||
Banking | ||
Mobile App | ||
Desktop App | ||
Forex Trading | ||
Futures Trading | ||
Customer Service | ||
Locations | More than 2,100 Bank of America locations | |
Online Community | ||
Seminars | ||
Virtual Trading | ||
CreditDonkey® Reviews | ||
Stock Trading | ||
Options Trading | ||
Mutual Fund Trading | ||
Online Platform | ||
Banking | ||
Mobile App | ||
Commissions and Fees | ||
Ease of Use | ||
Research | ||
Pros & Cons | Pros:
| |
Bottom Line | Good choice for beginning and advanced investors looking to invest in ETFs and mutual funds or investors that require extensive research... | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Merrill Edge: Pricing information from published websites as of 08/01/2024. Charles Schwab: Pricing information from published websites as of 08/13/2024. |